TURKEY LONG STEEL: Local rebar prices inch up despite limited demand

The domestic rebar price in Turkey has moved up slightly, in line with the increasing value of imported deep-sea scrap, while demand was very weak due to a seasonal slowdown in the country, sources said on Thursday January 24.

Fastmarkets’ weekly price assessment for domestic rebar in Turkey was TRY2,820-2,850 ($531-537) per tonne ex-works on January 24, up from TRY2,800-2,830 per tonne last week. “The market is weak due to seasonal conditions. The...

Published

Cem Turken

January 24, 2019

15:50 GMT

Mugla